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Beirut proves its resilience 03:22

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The Peru-based developer stunned Detroiters by purchasing the abandoned Packard automotive plant earlier this year -- one of the most famous buildings to be sold after the city filed for bankruptcy and the most emblematic eyesore of Detroit's fall.

But Palazeulo sees beauty and possibility amid the ruin of the Packard site.

"I think that the Packard Plant is in the best location ... surrounded by extraordinary highways, railways, airports, very close to Canada," Palazuelo said.

A look at the numbers illustrates why international investors Like Palazuelo are entranced by Detroit's under-appreciated assets.